Coca-Cola Nigeria opens advanced Packaging Collection Hub to drive recycling

  The Coca-Cola System in Nigeria, encompassing Coca-Cola Nigeria Limited and the Nigerian Bottling Company (NBC), has launched a state-of-the-art Packaging Collection Hub in Apapa, Lagos. It has been designed to process up to 13,000 metric tonnes of plastic bottles annually, which has augmented Nigeria’s recycling infrastructure and fostered a circular economy.   “This facility …

Borouge secures $100mln in new supply agreements to strengthen its leadership in advanced packaging

  Borouge Plc, a leading petrochemicals company specializing in innovative polyolefin solutions, has announced a series of new supply agreements and collaborations valued at over $100 million (AED367 million). These agreements underscore Borouge’s commitment to sustainability and its leadership in advancing advanced materials.   The company has signed agreements to supply advanced polyethylene and polypropylene …

SCHÜTZ and NPF partner to produce ECOBULK IBCs in Saudi Arabia

  SCHÜTZ and National Plastic Factory Company (NPF) have signed a licence agreement to produce ECOBULK Intermediate Bulk Containers (IBCs) for the Saudi Arabian and Gulf Cooperation Council (GCC) markets. A new production facility will be established near Dammam, a strategic port city on the Arabian Gulf.   Founded in Riyadh in 1976, NPF is …

Borouge reports $1.24 billion net profit for FY2024, driven by record production and sales

  Borouge Plc reported a 24% year-on-year increase in net profit for 2024, reaching $1.24 billion. The rise was supported by record production levels of 5.2 million tonnes and sales volumes of 5.3 million tonnes, driven by strong demand for the company’s polyolefin solutions.   The company recorded an industry-leading EBITDA margin of 41%, with …

Canon EMEA appoints Shinichi ‘Sam’ Yoshida as New President & CEO

  Canon has announced the appointment of Shinichi ‘Sam’ Yoshida as President & CEO of Canon Europe, Middle East, and Africa (EMEA), effective March 1, 2025. Yoshida succeeds Yuichi Ishizuka, who is retiring after a 44-year career with Canon, including seven years leading the EMEA region.   Previously based in the U.S., Yoshida held roles …

Esko announces planned sale of Advanced Vision Technology to Porat Itay Holdings

    Esko has confirmed the planned sale of its Advanced Vision Technology (AVT) print inspection business to Porat Itay Holdings, Ltd., with the transaction expected to close in the first quarter of 2025, subject to regulatory conditions. The sale includes assets, employees, contracts, and intellectual property related to AVT. Under the new ownership, AVT …

Gallus drives profitability with Digital Innovation: Flexon and Yeloprint lead the way

  Gallus Group, a subsidiary of Heidelberger Druckmaschinen AG (HEIDELBERG), highlights its recent achievements in 2024, showcasing innovations that address operational efficiency and profitability in the label printing industry. The company’s advancements, including the Gallus One and the new System to Compose modularity concept, have strengthened its position in the digital printing market.   Two …

Coveris acquires S&K Label, expands presence in CEE region

  Coveris has completed the acquisition of S&K Label in the Czech Republic, marking its third acquisition in Central and Eastern Europe (CEE) and its first label business acquisition outside the UK. Now operating as Coveris Brno, the company aims to strengthen its position in the region, targeting key markets including the beverage, food, chemicals, …

Victory Packaging rebrands as Smurfit Westrock Packaging Solutions

  Victory Packaging, a legacy provider of packaging and related services across North America for over five decades, has rebranded as Smurfit Westrock Packaging Solutions. The change reflects the company’s evolution from a distributor to a comprehensive packaging solutions provider.   The rebranding follows the July 2024 merger of Smurfit Kappa and WestRock, forming Smurfit …

ALPLA acquires full ownership of Egypt joint venture with Taba

  ALPLA Group, a global leader in packaging and recycling, has acquired all shares of its joint venture with Taba, fully integrating the facility in 10th of Ramadan City, Egypt, into its operations. The site produces plastic bottles, preforms, and closures for markets across North Africa and the Middle East. Since 2024, it has also …